IIA Certified Internal Auditor - Part 3, Business Analysis and Information Technology IIA-CIA-PART3-3P Exam Questions in PDF

Free IIA IIA-CIA-PART3-3P Dumps Questions (page: 56)

As of week 8, the Gantt chart shows that the project is:

  1. Complete.
  2. Ahead of schedule.
  3. On schedule.
  4. Behind schedule.

Answer(s): B

Explanation:

Assuming that 1) each of the bars represents the expected time necessary to complete an activity and 2) the shaded regions represent the portions completed, activity A has been completed as scheduled and activities B and C are ahead of schedule. Consequently, the project is ahead of schedule.



When using PERT Program Evaluation Review Technique), the expected time for an activity when given an optimistic time A), a pessimistic time B), and a most likely time m) is calculated by which one of the following formulas?

  1. b ­ a) =2
  2. a + b) =2
  3. a + 4m +b) =6
  4. 4 abm) =6

Answer(s): C

Explanation:

PERT was developed to aid managers in controlling large, complex projects. PERT analysis includes probabilistic estimates of activity completion times. Three time estimates are made:
Optimistic, most likely, and pessimistic. The time estimates for an activity are assumed to approximate a beta probability distribution. PERT approximates the mean of the beta distribution by dividing the sum of the optimistic time, the pessimistic time, and four times the most likely time by six.



The process of adding resources to shorten selected activity times on the critical path in project scheduling is called:

  1. Crashing.
  2. The Delphi technique.
  3. ABC analysis.
  4. A branch-and-bound solution.

Answer(s): A

Explanation:

Activity times are estimated for normal effort and crash effort. Crashing is the process of adding resources to shorten activity times on the critical path in project scheduling. The network diagram and the corresponding activity cost chart for a manufacturing project at Networks, Inc. are presented below. The numbers in the diagram are the expected times in days) to perform each activity in the project.



The expected time of the critical path is:

  1. 12.0 days.
  2. 13.0 days.
  3. 11.5 days.
  4. 11.0 days.

Answer(s): B

Explanation:

The critical path is the longest path. The longest path in the diagram is A-D-E, which requires 13 days 5.5 + 7.5) based on expected times. The network diagram and the corresponding activity cost chart for a manufacturing project at Networks, Inc. are presented below. The numbers in the diagram are the expected times in days) to perform each activity in the project.



To keep costs at a minimum and decrease the completion time by 1-1/2 days, Networks, Inc.
should crash activity)

  1. AD and AB.
  2. DE.
  3. AD.
  4. AB and CE.

Answer(s): A

Explanation:

The critical longest) path is A-D-E, which has an expected time of 13 days 5.5 +7.5). However, to decrease the project's completion time by 1.5 days, paths A-B-C-E 4.5 + 1.0 + 6.5 = 12 days) and A-B-D-E 4.5 + .5 + 7.5 = 12.5 days) as well as A-D-E must also be shortened. Hence, A-D-E must be reduced by 1.5 days, A-B-C-E by .5 day, and A-B-D-E by 1.0 day. The only way to decrease A-D-E by 1.5 days is to crash activity. AD 5.5 expected time - 4.0 crash time = 1.5 days). Crashing DE results in a 1.0-day saving 7.5 -- 6.5) only.
Crashing AB is the efficient way to reduce both A-B-C-E and A-B-D-E by the desired amount of time because it i s hart of both paths. The incremental cost of crashing AB is U $1,000 US $4,000 crash cost -- US $3,000 normal cost) to shorten the completion time by 1.0 day 4.5 -- 3.5). The alternatives for decreasing both A-B-C-E and A-B-D-E are more costly.



Share your comments for IIA IIA-CIA-PART3-3P exam with other users:

N
Not Robot
5/14/2023 5:33:00 PM

are these comments real

K
kriah
9/4/2023 10:44:00 PM

please upload the latest dumps

E
ed
12/17/2023 1:41:00 PM

a company runs its workloads on premises. the company wants to forecast the cost of running a large application on aws. which aws service or tool can the company use to obtain this information? pricing calculator ... the aws pricing calculator is primarily used for estimating future costs

M
Muru
12/29/2023 10:23:00 AM

looks interesting

T
Tech Lady
10/17/2023 12:36:00 PM

thanks! that’s amazing

M
Mike
8/20/2023 5:12:00 PM

the exam dumps are helping me get a solid foundation on the practical techniques and practices needed to be successful in the auditing world.

N
Nobody
9/18/2023 6:35:00 PM

q 14 should be dmz sever1 and notepad.exe why does note pad have a 443 connection

M
Muhammad Rawish Siddiqui
12/4/2023 12:17:00 PM

question # 108, correct answers are business growth and risk reduction.

E
Emmah
7/29/2023 9:59:00 AM

are these valid chfi questions

M
Mort
10/19/2023 7:09:00 PM

question: 162 should be dlp (b)

E
Eknath
10/4/2023 1:21:00 AM

good exam questions

N
Nizam
6/16/2023 7:29:00 AM

I have to say this is really close to real exam. Passed my exam with this.

P
poran
11/20/2023 4:43:00 AM

good analytics question

A
Antony
11/23/2023 11:36:00 AM

this looks accurate

E
Ethan
8/23/2023 12:52:00 AM

question 46, the answer should be data "virtualization" (not visualization).

N
nSiva
9/22/2023 5:58:00 AM

its useful.

R
Ranveer
7/26/2023 7:26:00 PM

Pass this exam 3 days ago. The PDF version and the Xengine App is quite useful.

S
Sanjay
8/15/2023 10:22:00 AM

informative for me.

T
Tom
12/12/2023 8:53:00 PM

question 134s answer shoule be "dlp"

A
Alex
11/7/2023 11:02:00 AM

in 72 the answer must be [sys_user_has_role] table.

F
Finn
5/4/2023 10:21:00 PM

i appreciated the mix of multiple-choice and short answer questions. i passed my exam this morning.

A
AJ
7/13/2023 8:33:00 AM

great to find this website, thanks

C
Curtis Nakawaki
6/29/2023 9:11:00 PM

examination questions seem to be relevant.

U
Umashankar Sharma
10/22/2023 9:39:00 AM

planning to take psm test

E
ED SHAW
7/31/2023 10:34:00 AM

please allow to download

A
AD
7/22/2023 11:29:00 AM

please provide dumps

A
Ayyjayy
11/6/2023 7:29:00 AM

is the answer to question 15 correct ? i feel like the answer should be b

B
Blessious Phiri
8/12/2023 11:56:00 AM

its getting more technical

J
Jeanine J
7/11/2023 3:04:00 PM

i think these questions are what i need.

A
Aderonke
10/23/2023 2:13:00 PM

helpful assessment

T
Tom
1/5/2024 2:32:00 AM

i am confused about the answers to the questions. do you know if the answers are correct?

V
Vinit N.
8/28/2023 2:33:00 AM

hi, please make the dumps available for my upcoming examination.

S
Sanyog Deshpande
9/14/2023 7:05:00 AM

good practice

T
Tyron
9/8/2023 12:12:00 AM

so far it is really informative

AI Tutor 👋 I’m here to help!